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Aircraft Overviews

February 28, 2023

Cessna Citation CJ3 Overview (2003 – 2014)

Cessna Citation CJ3 Overview (2003 – 2014)

Product Overview

The Cessna Citation CJ3 is an upgraded and extended version of its predecessor the Citation CJ2. Its cruise speed outdoes the CJ2 with a significantly reduced fuel burn and uses natural laminar flow wings to further its Fuel-efficiency. These wings delay the onset of flow separation longer, which significantly improves the lift-to-drag performance. The CJ3 is permitted to operate with a single pilot under U.S. registry only.

As of December 2022, 83% of the Citation CJ3 aircraft were purchased pre-owned by their current owner, the other 17% new. 4.4% are for sale with the majority of those (67%) under an exclusive broker agreement. When for sale the average time on the market is 114 days.

Brief History

The first flight of the Citation CJ3 took place on April 17, 2003. The CJ3 received full FAA type certification in October 2004. Delivery began in December of 2004. The 100th CJ3 was delivered in November 2006. The manufacturing of the Citation CJ3 aircraft is carried out on the CJ1, CJ2, CJ3 common production line at Cessna’s manufacturing facilities in Wichita, Kansas.

Worldwide Appeal

There are 409 Citation CJ3 aircrafts in operation today. The majority of those (378) are wholly owned with 31 in shared ownership. 6.6% are currently leased. North America has the largest percentage of wholly owned Citation CJ3 aircraft (84%), followed by Europe (9%), and South America (5%).

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Industry Insights

February 24, 2023

The Jetcraft Advantage

The Jetcraft Advantage

There’s nothing more powerful for buyers and sellers of pre-owned jets than the Jetcraft advantage

With over six decades of global experience, you can trust the advice we give. Our global presence, with boots on the ground across the world, guarantees we’re always available for local meetings in any time zone and in any language, expertly dealing with transactions and provides invaluable support. 

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People of the Industry

February 22, 2023

Q&A with Sean O’Leary

Q&A with Sean O’Leary

Sean O’Leary, Sales Director, Northern Europe, Jetcraft
Location: London UK

How long have you been at Jetcraft?

I’ve been with the company for eight years. I spent my first three years as a Sales Engineer working in Dublin. After that, I relocated to London where I assumed the position of sales director as we set up our London HQ.

Explain your role within Jetcraft’s global network?

In the global Jetcraft team, I look after our sales initiatives here in London and Northern Europe.

Describe a typical day or week in your role.

Luckily for me, there’s no typical day or week. Usually, my day starts with coffee and then moves on to dealing with all of our current and active deals. That’s the priority. From then on, I move forward to proactive business and usually, this is done in the office or on the road.

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Aircraft Overviews

January 31, 2023

Dassault Falcon 2000S Overview (2013 – Present)

Dassault Falcon 2000S Overview (2013 – Present)

Product Overview

The Falcon 2000S is a twin-engine French-made Business jet and is a slightly smaller development on the Falcon 900 trijet, with United States transcontinental coast to coast market range. The Falcon 2000S jet comes with fault monitoring and digital diagnostic systems, which help the mechanic in troubleshooting and repair work.

As of December 2022, 28% of the Falcon 2000S were purchased pre-owned by their current owners, the other 72% new. 2.1% are for sale with all of those (100%) under an exclusive broker agreement. When for sale the average time on the market is 120 days.

Brief History

In 1995, the Falcon 2000, a super mid-size business jet, entered service and is the first private jet that Dassault designed without a physical model. Its design was completely digital, created by Computer Aided Three-dimensional Interactive Application (CATIA) software. This software helped improve aerodynamic structure and simplified the airplane’s systems.

Falcon 2000S derivative was launched by Dassault in May 2011 at EBACE and received European Aviation Safety Agency (EASA) certification in March 2013 and Federal Aviation Administration (FAA) certification in April 2013.

Worldwide Appeal

There are 47 Falcon 2000S business jets in operation worldwide, all are wholly owned. 15% are currently leased. North America has the largest percentage or Falcon 2000S aircraft (60%), followed by Europe (23%), and Asia (11%).

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People of the Industry

January 26, 2023

Q&A with Lauren Kinelski

Q&A with Lauren Kinelski

Lauren Kinelski, former Vice President Marketing, Jetcraft
Location: London, UK

 How long have you been at Jetcraft? 

This is my 7th year with Jetcraft.  I started my tenure in Raleigh NC, where the company was founded, then relocated to London in 2018 following the opening of our new UK-based global headquarters.  It has been tremendous to see the growth and accessibility of the business aviation industry over these past 7 years.         

What are your responsibilities within the global Jetcraft team? 

“At Jetcraft, no one gets eyes on your jet like we do.”  And I lead an extremely talented marketing team who ensure this phrase continues to remain true.        

 Describe a typical day or week in your role. 

  • Executing bespoke promotions for our sellers’ aircraft listings  
  • Creating serious attention for our qualified buyers’ acquisition needs  
  • Building the iconic Jetcraft brand  

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News

January 24, 2023

Jetcraft poised for strong 2023 with senior Americas’ sales hires

Jetcraft poised for strong 2023 with senior Americas’ sales hires

Jetcraft has appointed Gerald Hooper and Laurence Vidal to senior sales roles in the Americas. The executive hires position Jetcraft to meet customer demand throughout the continent and further expand the company’s on-the-ground market intelligence.

As Aircraft Sales Director, Hooper will lead Jetcraft’s business development in the US West Coast territories, including Northern California, Oregon, Washington and Idaho. Prior to joining Jetcraft, Hooper was Director of Aircraft Sales and Acquisitions at Executive Aircraft Services (EAS), working with corporate clients and aircraft worldwide.

Based in Brazil, Vidal joins Jetcraft as Sales Representative and will oversee the South American territories, including Chile, Argentina, Uruguay, Brazil, Bolivia and Paraguay.  Vidal has held positions at leading OEMs, including an eight-year tenure at Bombardier Aerospace where she formulated business strategies to drive market share in the Brazilian executive aviation market.

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News

January 12, 2023

Jetcraft Commercial boosts asset management expertise with senior hire

Jetcraft Commercial boosts asset management expertise with senior hire

Jetcraft Commercial has appointed Scott Symington as Vice President, Asset Management. The appointment strengthens the industry-leading asset management expertise within commercial, with Symington bringing more than 30 years’ experience to the role.

Raphael Haddad, President, Jetcraft Commercial, says: “Scott is a first-rate aviation professional and we’re looking forward to benefitting from his extensive experience, which includes driving commercial performance through the management of large, international teams at the highest level. We’re confident that Scott’s appointment will further underline Jetcraft Commercial’s status as the partner of choice when it comes to managing aircraft assets.”

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News

January 5, 2023  ·  Jahid Fazal-Karim

On to the next 60 years

On to the next 60 years

To our Clients, Partners and Friends,

Last year, we celebrated our 60th anniversary – something we’ll always look back on with pride.

In 1962, our founder Charles “Bucky” Oliver acquired Raleigh Durham Aviation which later began trading as the Jetcraft you know. Since then, Jetcraft has grown extraordinarily, from a predominantly US-based organization to an expanding global corporation. Today, we operate more than 20 offices worldwide with a team of over 70 aviation experts across five continents, and have no intention of stopping there.

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News

January 4, 2023

Jetcraft hits carbon neutrality with Azzera

Jetcraft hits carbon neutrality with Azzera

Jetcraft has become carbon-neutral through an ambitious partnership with carbon offsetting and compliance solutions experts, Azzera.

Working with Azzera, Jetcraft has removed 3,596 verified tonnes of greenhouse gas emissions from the atmosphere, matching 100% of its own emissions, while investing in a variety of projects that deliver positive, environmental, developmental and social change around the globe. In 2022, the company supported forest conservation projects in North Carolina and Papua New Guinea and wind power supplies in South Africa.

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